1981 (9) TMI 249 - HC - VAT and Sales Tax

Summary

The High Court of Madras allowed the revision petition in the case of Sethuraman and Balasubrahmanyam v. Sales Tax Appellate Tribunal, Pondicherry. The court held that sagar manure qualifies as a mixture of chemical fertilizers under item 22 of the First Schedule, making it eligible for a concessional tax rate of 1% instead of 21%. The assessee was granted the benefit of the lower tax rate for a turnover of Rs. 4,69,520.